JPMorgan Chase & Co. agreed to acquire First Republic Bank in a government-led deal for the failed lender, putting to rest one of the biggest troubled banks remaining after turmoil engulfed the industry in March. The transaction, announced in the early morning hours Monday after First Republic was seized by regulators, makes the biggest US […]
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- Source: https://bankautomationnews.com/allposts/business-banking/jpmorgan-first-republic-deal-ends-second-biggest-us-bank-failure/